Sundown Homes under $500,000

Welcome to Sundown, a charming neighborhood nestled in the heart of Colorado Springs, El Paso County. Known for its serene atmosphere and stunning mountain views, Sundown offers a perfect blend of suburban tranquility and urban convenience. This vibrant community is ideal for families, young professionals, and retirees alike, with its friendly neighbors and well-maintained streets creating a welcoming environment.

One of the standout features of Sundown is its affordability. Here, you can find a variety of beautiful homes priced under $500,000, making it an attractive option for first-time buyers or those looking to downsize without compromising on quality. From cozy single-family homes to modern townhouses, there’s something for everyone in this delightful neighborhood. Many properties boast spacious yards, perfect for outdoor gatherings or enjoying Colorado's stunning sunsets.

Sundown is conveniently located near a plethora of amenities, including shopping centers, dining options, and recreational parks. Residents can enjoy easy access to the popular Garden of the Gods and Pikes Peak, offering endless opportunities for hiking, biking, and outdoor adventures. The community also prioritizes education, with several highly-rated schools within close proximity, ensuring that families have access to quality education.

With its picturesque surroundings, friendly atmosphere, and affordable housing options, Sundown is truly a hidden gem in Colorado Springs. Come explore this vibrant neighborhood and discover your dream home today!

Newest Sundown Homes under $500,000

$425,000

3 Beds ⋅ 3 Baths ⋅ 1,872 SqFt. ⋅ ACTIVE Status

Welcome home to this beautifully updated property featuring mature shade trees, a wide driveway, and an attached two-car garage. Step through the front door into an inviting layout. The cozy main living room highlights built-in display shelves, and a tiled fireplace with a rustic mantle. Up a few steps, the gourmet kitchen boasts warm semi custon hickory cabinetry, sleek quartz countertops, stainless steel appliances, a modern backsplash, and stylish pendant lighting. Adjacent is a sunny dining room with a rich blue accent wall and sliding glass doors that open to the back deck. A full guest bathroom features modern dark cabinetry, updated lighting, and elegant gray colored tile surrounding the tub. The upper level includes a peaceful primary bedroom with soft carpet, a ceiling fan, and a private three quarter ensuite. The finished basement provides incredible versatility with a large rec/entertainment room and a kitchenette complete with butcher-block counter space, open shelving, and a sliding barn door. Behind the barn door lies a functional laundry/utility room with a utility sink and storage. Downstairs also holds a comfortable secondary bedroom with plush carpeting, a ceiling fan, and built-in closet organizers, along with a third updated bathroom with a granite vanity and tiled shower. Step outside to a covered wooden deck overlooking a private, fully fenced backyard. With a lush green lawn, mature trees, a paved patio, and low-maintenance landscaping, it's the perfect outdoor retreat.

5168 Austerlitz Dr, Colorado Springs

Courtesy of Best Realty Inc. 719-570-9115

$369,900

3 Beds ⋅ 1 Baths ⋅ 1,224 SqFt. ⋅ ACTIVE Status

WELCOME TO THIS GREAT HOME IN THE DESIREABLE SUNDOWN NEIGHBORHOOD. THIS HOME FEATURES BRAND NEW CARPET AND PAINT THROUGHOUT AS WELL AS NEWER WATER HEATER, FURNACE AND CENTRAL AIR CONDITIONING. THE KITCHEN/DINING ROOM WALKS OUT TO THE BACKYARD WITH FIREPIT. THE HUGE FAMILY ROOM IN THE BASEMENT WOULD BE PERFECT FOR A THEATER/GAMING ROOM, WORKOUT AREA, POOL TABLE AND MORE! A THIRD UNFINISHED BEDROOM IS IN THE BASEMENT AND THERE IS ROUGH PLUMBING FOR AN ADDITONAL BATHROOM. LOTS OF OPPORTUNITY TO BUILD EQUITY. THE LOCATION IS VERY CLOSE TO EVERYTHING YOU NEED INCLUDING SHOPPING AND DINING. IT ALSO PROVIDES QUICK ACCESS TO THE POWERS, WOODMEN AND AUSTIN BLUFFS CORRIDORS.

5079 Stillwater Dr, Colorado Springs

Courtesy of The Cutting Edge. 719-999-5067

$405,000

3 Beds ⋅ 2 Baths ⋅ 1,064 SqFt. ⋅ ACTIVE Status

Welcome home to this warm and inviting 3-bedroom, 2-bathroom home nestled in a wonderful neighborhood where convenience and comfort come together. With 2,116 square feet of finished living space, this home offers a comfortable floor plan with plenty of room to relax, entertain, and make memories. The inviting living spaces create that cozy feeling you want to come home to, while the three bedrooms provide comfortable retreats for family, guests, or a home office. The attached 2-car garage adds everyday convenience and plenty of space for vehicles and storage. One of the exciting features of this home is the full unfinished basement, offering a blank canvas with tremendous potential. Imagine creating additional living space, a recreation room, home gym, office, hobby area, or whatever best fits your lifestyle. Situated on a 4,387-square-foot lot, there is room to enjoy the outdoors and create your own personal space. The location is hard to beat, with parks, schools, shopping, and everyday conveniences all nearby. Whether you’re looking for a place to settle in and enjoy or a home with room to grow and personalize, this home offers a wonderful opportunity in a great neighborhood. Come see it and imagine yourself at home!

6020 Fossil Dr, Colorado Springs

Courtesy of Keller Williams Partners. 719-955-1999

$450,000

4 Beds ⋅ 3 Baths ⋅ 2,011 SqFt. ⋅ ACTIVE UNDER CONTRACT Status

Welcome home to this beautifully maintained and updated 4-bedroom home located in the established Sundown neighborhood, offering a warm, comfortable layout and thoughtful improvements throughout. The kitchen features granite countertops, stainless steel appliances, a decorative Jerusalem limestone backsplash, and real hardwood flooring. Vaulted ceilings, built-ins, and a double-sided gas fireplace connecting the living and family rooms create an inviting main level, while a custom fireplace wall adds even more character. The primary suite includes a private ensuite bath, and the finished basement expands the living space with a fourth bedroom, beautiful custom concrete flooring, and exceptional storage. A large storage room even features a hidden door leading to a separate bonus storage area—a fun and practical detail you don't see every day. Major improvements offer peace of mind, including a new driveway in 2024, new Pella windows and new gutters, both with transferable warranties, a new water heater in May 2026, and new window well covers. Central A/C adds warm-weather comfort, and the 2-car garage provides additional convenience. Outside, enjoy the fully fenced backyard with sprinkler system, deck, established apple trees, and raspberry bushes—perfect for relaxing, entertaining, pets, or play. Conveniently located near the Powers corridor with easy access to shopping, dining, parks, trails, and everyday amenities. With its blend of character, functionality, flexible living space, storage, and meaningful updates, this home is ready for its next owner.

5845 Granby Hill Dr, Colorado Springs

Courtesy of Home at 6035 LLC. 719-661-1242

$445,000

4 Beds ⋅ 3 Baths ⋅ 1,806 SqFt. ⋅ ACTIVE Status

***2.75% FHA Assumable mortgage! ***Welcome to this refreshed four-bedroom home on a desirable corner lot in Northeast Colorado Springs. A hard-to-find fourth bedroom in this floor plan adds valuable flexibility for an office, guest room, or hobby space. Two inviting living areas include a comfortable main-level living room and a generously sized lower-level recreation room. The remodeled kitchen features marble tile floors and newer appliances, complemented by updated baths, marble tile flooring, updated lighting, and fresh paint inside and out. A newer central A/C system provides added comfort during warmer months. Outside, enjoy a spacious backyard with a lush green lawn. Scott Elementary and a neighborhood park are within walking distance, while shopping, major roadways, and employment centers are just minutes away. Comfort, convenience, and thoughtful updates come together in one great location!

6065 Fossil Dr, Colorado Springs

Courtesy of Exp Realty LLC. 888-440-2724

$400,000

3 Beds ⋅ 2 Baths ⋅ 1,456 SqFt. ⋅ ACTIVE UNDER CONTRACT Status

Clean, fully loaded two-story in the Sundown neighborhood with no HOA, a fenced backyard, and a large concrete patio built for Colorado summers. Hardwood floors and natural wood accents flow through the main level, where vaulted ceilings and 6-panel doors add character throughout. The living room features a wood-burning fireplace and walkout to the patio, while the family room, dining area, and breakfast bar kitchen keep the layout open and connected. A covered entry rounds out the main level. Upstairs, three bedrooms include a primary suite with an adjoining full bath, and upper-level laundry with a window adds a convenience that buyers rarely find in this size home. Central air and ceiling fans keep things comfortable year-round. No covenants, no HOA fees, two-car attached garage, composite shingle roof, and vinyl windows in the Doherty High School feeder zone. A straightforward, well-appointed home that is ready to go from day one.

5123 Stillwater Dr, Colorado Springs

Courtesy of Exp Realty LLC. 888-440-2724

$329,999

3 Beds ⋅ 2 Baths ⋅ 1,320 SqFt. ⋅ ACTIVE UNDER CONTRACT Status

Prime Location, Great Potential—Ready for Your Vision Opportunity awaits at! This three-bedroom, two-bath home offers a functional bi-level floor plan, comfortable living spaces, a cozy fireplace, and an attached two-car garage. With solid features already in place, the property provides an excellent starting point for buyers ready to update, personalize, and make it their own. Step outside to a fully fenced backyard featuring newer composite decking and a large storage shed—ideal for outdoor entertaining, additional storage, gardening, or creating your own private retreat. Low-maintenance exterior siding adds to the home’s practical appeal. Conveniently located in northeast Colorado Springs with easy access to Powers Boulevard, Academy Boulevard, shopping, dining, parks, and St. Francis Medical Center, this home combines an accessible location with the opportunity to add value over time. The home would benefit from updated flooring, fresh paint, and other cosmetic improvements, making it a great option for an owner-occupant, investor, or buyer looking for a project with long-term potential. Priced to reflect its current condition and being SOLD AS-IS bring your ideas and make this home your own!

5056 Stillwater Dr, Colorado Springs

Courtesy of Realty One Group Premier. 303-798-4300

$440,000

4 Beds ⋅ 3 Baths ⋅ 2,510 SqFt. ⋅ ACTIVE Status

Welcome to this 2-story corner lot home in the established Sundown neighborhood, ideally located near St. Francis Medical Center, the Powers Corridor, shopping, dining, parks, grocery stores, and everyday conveniences. The main level features multiple living areas, a gas fireplace, dining area with bay window, and a kitchen with pantry. Upstairs you'll find three bedrooms, including a primary suite with vaulted ceilings and a walk-in closet. The finished basement adds valuable living space and includes a large bonus room that may offer potential for a future fourth bedroom. Adjacent to the bonus room is an area already pre-plumbed for a future bathroom, creating an opportunity for a guest suite, additional living space, or expanded functionality. Additional features include solar panels installed in 2018, central A/C, newer rear fencing, an attached 2-car garage, and over 2,500 finished square feet of living space. With flexible living areas, future expansion potential, and a prime location, this home offers a fantastic opportunity to make it your own. Buyer incentive! Receive a lender credit equal to 1% of the loan amount to use toward an interest rate buydown when financing with a preferred local lender.

5315 Paradox Dr, Colorado Springs

Courtesy of The Cutting Edge. 719-999-5067

Start Your Search

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.